Ryder Integrated Logistics Signs 234,478 SF Industrial Lease In Haltom City
4101 Old Denton Rd Haltom City, TX 76117, USA
Building Size
234,478 SF
Asset Type
Industrial
Closing
Jul 13, 2023
AI
Ryder Integrated Logistics has signed a 234,478-square-foot industrial lease at Northmark Commerce Center in Haltom City, Texas. The cross-dock facility spans 20 acres and was negotiated by Cresa on behalf of the tenant and Holt Lunsford Commercial on behalf of the landlord, Creation Equity.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned in CONTEXT
- Address: 4101 Old Denton Road
- Market: Haltom City
- Landlord: Creation Equity
- Tenant: Ryder Integrated Logistics
- Landlord's Rep: Matt Carthey & George Jennings - Holt Lunsford Commercial
- Tenant's Rep: Brad Struck & Clint Manning - Cresa
The deal involved Ryder Integrated Logistics leasing the industrial space at Northmark Commerce Center. The lease was negotiated by Cresa, representing the tenant, and Holt Lunsford Commercial, representing the landlord, Creation Equity. The facility, which is located in Haltom City, Texas, is a cross-dock facility spanning 234,478 square feet on a 20-acre plot of land.
Players
Haltom City Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93